News articles about Manulife Financial Corp (NYSE:MFC) (TSE:MFC) have been trending somewhat positive recently, Accern Sentiment Analysis reports. Accern identifies negative and positive media coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Manulife Financial Corp earned a media sentiment score of 0.14 on Accern’s scale. Accern also gave headlines about the financial services provider an impact score of 46.6369843998058 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Here are some of the headlines that may have effected Accern Sentiment’s analysis:
- Manulife Financial Corp (MFC) and Its Rivals Critical Review (americanbankingnews.com)
- Critical Comparison: Manulife Financial Corp (MFC) vs. Its Peers (americanbankingnews.com)
- Manulife Financial Corp (MFC) Receives Consensus Rating of “Buy” from Analysts (americanbankingnews.com)
- Zacks Investment Research Lowers Manulife Financial Corp (MFC) to Hold (americanbankingnews.com)
A number of analysts recently commented on the company. BidaskClub raised Manulife Financial Corp from a “sell” rating to a “hold” rating in a research note on Tuesday, June 13th. Zacks Investment Research lowered Manulife Financial Corp from a “buy” rating to a “hold” rating in a research report on Monday, September 11th. Finally, ValuEngine lowered Manulife Financial Corp from a “strong-buy” rating to a “buy” rating in a research report on Friday, June 2nd. One analyst has rated the stock with a hold rating and seven have given a buy rating to the company’s stock. Manulife Financial Corp presently has an average rating of “Buy” and a consensus target price of $23.33.
Manulife Financial Corp (NYSE:MFC) opened at 19.91 on Friday. The stock has a market cap of $39.38 billion, a price-to-earnings ratio of 13.61 and a beta of 1.30. Manulife Financial Corp has a 12 month low of $13.53 and a 12 month high of $20.84. The firm’s 50-day moving average price is $19.89 and its 200 day moving average price is $18.52.
Manulife Financial Corp (NYSE:MFC) (TSE:MFC) last posted its quarterly earnings results on Wednesday, August 9th. The financial services provider reported $0.42 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.41 by $0.01. The firm had revenue of $12.34 billion for the quarter, compared to the consensus estimate of $16.09 billion. During the same period in the previous year, the company posted $0.40 EPS. On average, analysts anticipate that Manulife Financial Corp will post $1.83 earnings per share for the current year.
The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 19th. Stockholders of record on Tuesday, August 22nd will be given a dividend of $0.1621 per share. This is an increase from Manulife Financial Corp’s previous quarterly dividend of $0.15. The ex-dividend date is Friday, August 18th. This represents a $0.65 dividend on an annualized basis and a dividend yield of 3.26%. Manulife Financial Corp’s dividend payout ratio is presently 47.83%.
About Manulife Financial Corp
Manulife Financial Corporation (MFC) is a holding company of The Manufacturers Life Insurance Company (MLI), which is a life insurance company, and John Hancock Reassurance Company Ltd. (JHRECO), which is a reinsurance company. The Company operates as a financial services company with principal operations in Asia, Canada and the United States.
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